（文章来源：证券日报） 证券日报网讯 1月7日，吉电股份在互动平台回答投资者提问时表示，二级市场的股价受多重因素影 响。公司将继续深耕主业，挖掘经营潜力，努力提升经营业绩和公司价值，积极回报股东。 ...

Group 1 - The core point of the article is that Jidian Co., Ltd. (000875.SZ) has stated on its investor interaction platform that the company does not engage in the production and sales of lithium iron phosphate energy storage batteries [1]

证券代码：000875 证券简称：吉电股份 公告编号：2025-104 吉林电力股份有限公司 第十届董事会第五次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 1.吉林电力股份有限公司第十届董事会第五次会议通知于 2025 年 12 月 21 日以电子邮件、书面送达等方式发出。 （一）关于公司经理层成员 2024-2027 年任期综合业绩责任书的 议案 会议以 9 票赞同、0 票反对、0 票弃权，通过了《关于公司经理 层成员 2024-2027 年任期综合业绩责任书的议案》。该事项已经第十 届董事会薪酬与考核委员会审议通过。 三、备查文件 1.第十届董事会第五次会议决议； 1 2. 2025 年 12 月 31 日，公司第十届董事会第五次会议以通讯方 式召开。 3.公司应参会董事 9 人，实参会董事 9 人。 4.本次会议的召开符合《公司法》及公司《章程》的规定。 二、董事会会议审议情况 2.第十届董事会薪酬与考核委员会 2025 年第三次会议纪要。 特此公告。 吉林电力股份有限公司董事会 二〇二五年十二月三十一日 2 ...

前海联合添瑞一年持有混合A（011290）成立日期2021年4月20日，最新规模416.9万。今年以来亏损 1.69%，同类排名7933/8087；近一年亏损3.01%，同类排名7940/8085；成立以来亏损5.95%。 前海联合添瑞一年持有混合A（011290）基金经理为孟晓婧。 截至发稿，孟晓婧累计任职时间3年156天，现任基金资产总规模974.97万元，任职期间最佳基金回报 0.61%， 任职期间最差基金回报-11.25%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 12月30日，吉电股份涨1.07%，截至发稿，报5.65元/股，成交1.50亿元，换手率0.80%，总市值204.94亿 元。 资料显示，吉林电力股份有限公司位于吉林省长春市人民大街9699号，成立日期1997年11月20日，上市 日期2002年9月26日，公司主营业务涉及发电(风电、太阳能、水电、火电、分布式能源、气电、生物 质、核能)、供热(民用、工业)、综合智慧能源供应 ...

Group 1 - The report maintains a positive investment rating for the environmental sector, highlighting the potential for growth and the strengthening of dividend attributes in municipal environmental assets [1][2] - Municipal environmental assets exhibit regional monopolistic characteristics, anti-cyclical nature, and stable profitability, with typical companies showing dividend yields between 4% and 7% [4][5] - Insurance capital has steadily increased its holdings in environmental governance, reaching 0.2% by Q3 2025, and is expected to continue favoring dividend-yielding stocks [5][11] Group 2 - The report emphasizes the importance of free cash flow turning positive and the expectation of increased dividends as key drivers for stock price appreciation in the municipal environmental sector [23][39] - The performance of municipal environmental companies has shown significant growth in profitability, with garbage incineration enterprises experiencing high profit increases and improved cash flow due to capacity growth and reduced costs [12][18] - The report suggests focusing on companies with positive cash flow nearing stabilization, such as Xingrong Environment, and those with already positive cash flow and increasing dividends, like Guangda Environment and Hanlan Environment [5][23] Group 3 - The biofuel sector is expected to benefit from ongoing international carbon reduction policies, with prices for SAF and UCO anticipated to rise due to increased demand [5][18] - The report recommends focusing on scarce biofuel industry chain targets, particularly those transitioning to SAF or expanding overseas, such as Zhuoyue New Energy [5][18] - The demand for green methanol is projected to grow significantly starting in 2025, with companies like Jiazhe New Energy being highlighted for investment [5][18] Group 4 - The report outlines that the capital expenditure in the garbage incineration sector is entering a contraction phase, which is expected to enhance free cash flow and improve dividend capabilities [39][43] - The industry is transitioning to a phase of refined operations, focusing on internal growth and cautious external expansion, with significant potential for profit and cash flow improvement [48][49] - The report highlights the importance of regional characteristics and business models in determining the profitability and operational efficiency of garbage incineration companies [54][60]

Investment Rating - The report does not explicitly state an investment rating for the green methanol industry, but it highlights significant growth potential and investment opportunities in the sector. Core Insights - The global scale of green and low-carbon methanol projects is rapidly increasing, with a total planned capacity of 56.3 million tons by November 2025. GENA Solutions estimates that actual global green methanol capacity could reach between 6 to 13 million tons by 2030, with securing purchase agreements and financing for construction being the main challenges for project realization [5][14][25]. - Biomass methanol technology's gasification stage is critical, as its technical level and operational stability directly impact project feasibility and economics. Balancing costs and carbon utilization rates based on raw material characteristics is essential for project success. Electrolytic methanol technology is mature and synergizes well with renewable energy, but high costs of water electrolysis and complex system integration hinder large-scale promotion, making the reduction of electricity costs a priority [5][31][49]. - A complete core loop of resources, technology, and customers is essential for green methanol projects from planning to production. In the context of high costs for green methanol, finding end customers willing to pay a green premium and signing long-term purchase agreements to secure future cash flows is crucial for stable commercial operations [5][64]. Summary by Sections 1. Green Methanol Capacity Scale Steadily Increases - The production methods for methanol include natural gas (dominant globally), coal (high domestic share in China), and green methanol (biomass or electrolytic, lower carbon emissions but higher costs). The future trend focuses on "carbon neutrality," with renewable electricity and biomass routes accelerating towards mainstream production after cost reductions [8][19]. 2. Biomass Methanol: Gasification is Key, Cost Reduction and Efficiency Improvement are Directions - Gasification is the core process for biomass methanol production, involving four key steps: pretreatment, gasification, gas purification and adjustment, and methanol synthesis and purification. The efficiency of gasification directly affects project production efficiency and unit costs [31][74]. 3. Electrolytic Methanol: Cost Reduction is the Top Priority - Electrolytic methanol technology typically captures CO2 from biomass power plant emissions and combines it with hydrogen produced from renewable energy through electrolysis. While the technology is mature and synergizes well with renewable energy, high costs associated with hydrogen production and carbon capture present significant challenges for large-scale promotion [49][58]. 4. From Planning to Production: Resources, Technology, and Customers are Indispensable - The Northeast region of China is a key area for green methanol projects, supported by abundant biomass, wind, and water resources. Local government policies further accelerate industry clustering, creating a dual policy dividend of "national subsidies + local matching" [64][79]. 5. Investment Recommendations - Companies that have preemptively laid out green methanol manufacturing and have products certified (e.g., RED, ISCC) are highlighted as key investment targets, including JinFeng Technology, China Tianying, Jilin Electric Power, and others [5][64].

Group 1 - The core viewpoint of the article is that Jidian Co., Ltd. (stock code: 000875) has confirmed the use of PEM hydrogen production equipment in its Lishu Wind-Solar Coupled Green Hydrogen Biomass Green Methanol Project [1] Group 2 - The company responded to investor inquiries on an interactive platform regarding its project [1]

Group 1 - The company, Jilin Electric Power Co., Ltd., has received approval from the China Interbank Market Dealers Association to issue super short-term financing bonds with a registered amount of RMB 4 billion, valid for two years from the date of the notice [1] - The company completed the issuance of the third phase of super short-term financing bonds on December 18, 2025, with an issuance amount of RMB 600 million and a term of 270 days at a coupon rate of 1.77% [2] - The funds raised from this bond issuance, amounting to RMB 600 million, will be used to repay future maturing interest-bearing liabilities [2]

吉林电力股份有限公司 关于 2025 年度第三期超短期融资券 发行情况的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 根据中国银行间市场交易商协会核发的《接受注册通知书》（中 市协注〔2025〕SCP196 号），中国银行间市场交易商协会接受吉林电 力股份有限公司（以下简称"公司"）发行超短期融资券，注册金额 为人民币 40 亿元，注册额度自通知书落款之日起 2 年内有效，在注 册有效期内可分期发行。具体内容详见公司 2025 年 7 月 31 日刊载于 巨潮资讯网（www.cninfo.com.cn）、《中国证券报》《上海证券报》及 《证券时报》的《关于公司超短期融资券获得注册的公告》（2025-053）。 证券代码：000875 证券简称：吉电股份 公告编号：2025-103 资金将用于偿还未来到期的有息负债。 特此公告。 吉林电力股份有限公司董事会 二〇二五年十二月二十三日 2 公司于 2025 年 12 月 18 日完成了"吉林电力股份有限公司 2025 年度第三期超短期融资券"（以下简称"本期超短期融资券"）的发行。 本期超短期融资券的发行额 ...

国信证券股份有限公司 关于吉林电力股份有限公司 2025 年持续督导定期现场检查报告 | 4.是否不存在未履行审议程序擅自变更募集资金用途、暂 | √ | | | --- | --- | --- | | 时补充流动资金、置换预先投入、改变实施地点等情形 | | | | 5.使用闲置募集资金暂时补充流动资金、将募集资金投向 | | | | 变更为永久性补充流动资金或者使用超募资金补充流动 | | √ | | 资金或者偿还银行贷款的，公司是否未在承诺期间进行高 | | | | 风险投资 | | | | 6.募集资金使用与已披露情况是否一致，项目进度、投资 | √ | | | 效益是否与招股说明书等相符 | | | | 7.募集资金项目实施过程中是否不存在重大风险 | √ | | | （六）业绩情况 | | | | 现场检查手段： | | | | （1）查阅公司定期报告等资料； | | | | （2）查阅同行业可比公司定期报告等信息披露文件、行业发展状况等资料； | | | | （3）访谈公司有关人员； | | | | （4）核查公司就有关事项出具的说明。 | | | | 1.业绩是否存在大幅波动的情况 | √ | ...